Wednesday, June 6, 2007

Japan's 10-Year Bonds May Gain; Yields Near Seven-Month High Lure Buyers

(Bloomberg) -- Japan's 10-year government bonds may
rise on speculation yields near the highest in more than seven
months will attract investors.

A technical chart that traders use to predict price changes
suggests a five-day slide may end. Benchmark yields have risen
almost a third of a percentage point in less than three months
after falling to the lowest level in more than a year in March.


Read more at Bloomberg Bonds News

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